Finance
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SEC said to probe cause, exploitation of stock market turmoilMay 06, 2010 11:00 pm - U.S. regulators plan to examine whether securities professionals triggered yesterday's stock- market plunge or exploited the turmoil to profit illegally, two people with...
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German banks agree to Greek financingMay 06, 2010 11:00 pm - BERLIN -- The German parliament approved Berlin's share of the rescue package for debt-laden Greece after a boisterous debate Friday in which the finance minister told l...
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Banks should make loans to sound borrowersMay 05, 2010 11:00 pm - WASHINGTON -- Regulators must do all they can to help banks make loans to creditworthy borrowers, especially small businesses, a development that's critical to strengthe...
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Fifth Third posts $72 mil loss in 1st quarterApr 21, 2010 11:00 pm - CINCINNATI -- Fifth Third Bancorp says its losses nearly tripled in the first quarter as the regional bank's noninterest income dipped. The Cincinnati-based banking comp...
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Morgan Stanley's profit of $1.41 bil. tops forecastsApr 20, 2010 11:00 pm - NEW YORK -- Morgan Stanley said Wednesday its first-quarter profit surged to $1.41 billion on strong results from its trading operations. The investment bank easily topp...
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Citi execs may be in for surprises at crisis probeApr 06, 2010 11:00 pm - WASHINGTON -- Former executives of Citigroup Inc. could be in for some surprises when they appear before a panel investigating the roots of the financial crisis. Commiss...
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SEC seeks tighter rules on asset-backed securitiesApr 06, 2010 11:00 pm - WASHINGTON -- Federal regulators worked Wednesday toward laying down stricter rules for asset-backed securities, the bundles of loans that helped spark the market's coll...
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Who's looking at your credit reports? And why?Mar 30, 2010 11:00 pm - NEW YORK -- Now that it will be easier to find your free credit report, you may be curious about who else can see it and how it can be used. Starting Friday, a new Feder...
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JPMorgan Chase CEO got $15.5 million compensation for 2009Mar 19, 2010 11:00 pm - JPMorgan Chase & Co., the second- biggest U.S. bank, gave Chief Executive Officer Jamie Dimon $15.5 million in salary, stock and other compensation last year, the compan...
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Citigroup reverses plan to shrink mortgage businessMar 19, 2010 11:00 pm - Citigroup Inc., the bank 27 percent owned by the U.S. government, will ramp up purchases of mortgages underwritten by other firms and keep more loans on its balance shee...